NYSE:AGMDiversified Financial
Federal Agricultural Mortgage (AGM) Is Up 5.5% After Dividend Hike Despite Softer Q4 Earnings - Has The Bull Case Changed?
In February 2026, Federal Agricultural Mortgage Corporation reported fourth-quarter 2025 net income of US$47.92 million, down from US$56.51 million a year earlier, while full-year net income was broadly flat at US$207.42 million, and its board approved higher dividends on both common and preferred shares.
Beyond the headline earnings softness, Farmer Mac’s fifteenth consecutive annual increase in its common dividend, alongside growth in infrastructure finance such as broadband and renewable...